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1. Terry, an auditor, is performing test work for a not-for-profit hospital. Listed below are components of the statement of activities: Revenue relating to charity
1. Terry, an auditor, is performing test work for a not-for-profit hospital. Listed below are components of the statement of activities: Revenue relating to charity care: $100,000 Bad debt expense associated with individual accounts assessed for collectability because of a patient's financial condition: $70,000 Net assets released from restrictions used for operations: $50,000 Other revenue $80,000 Patient service revenue (includes revenue related to charity care): $500,000 What amount would be reported as revenues, gains, and other support without donor restrictions on the statement of activities
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